XAUUSD in a 1-hour time frame is in a bearish trend and probably can break the resistance level soon. Also, we can see a falling wedge and rsi also show us the bullish divergence, which is a strong indication of the trend reversal but we need to wait for resistence to break
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.